K3S

Education Concepts

PE5 Checks

PE5 are items that did not reach the criteria for PE1 – PE4 but fell below their service level target last period.

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Education Concepts

PE4 Checks

PE4’s are products that are beginning to trend downward. The product may have lost customers, have a decrease in demand, or just a few periods of lower demand.

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Education Concepts

PE3 Checks

PE3’s are products that are beginning to trend upward. There could be a new customer, an increase in demand with a current customer, or just a few periods of spikes.

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Education Concepts

PE2 Checks

PE2’s are the opposite of PE1’s. These are items whose demand is much lower than the average in the previous period. Like PE1’s demand spikes, these dips in demand will occur from time to time. It is essential to understand that this is likely a rare occurrence and no change will be needed.

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Education Concepts

PE1 Checks

PE1’s are products whose demand is much higher than the average in the previous period. These spikes in demand will occur from time to time. It is essential to understand that this is likely a rare occurrence and you will rarely need to make a change. Changing the average every time there is a spike will throw off your inventory levels because the product’s demand will most likely return to normal. If you know the product will have increased demand in the future because of a new customer you can then adjust the average using the edit history function.

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K3S Glossary

Tracking Signal

The Tracking Signal displays the strength of the positive or negative trend. The higher the tracking signal, the more weight will be used for the newest period of demand. Some products will have a high forecast error that is more often above or below the product’s average. When this happens, we increase the smoothing factor so we can react faster to the trend. In

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How-To Guides

Add Variable Order Cycle

If you order a supplier more than once a week, but you do not want to use Daily Replenishment, you can use the Variable Order Cycle. Variable Order Cycle is similar to a fixed cycle, but is used instead when you order more than once per week. Follow the steps below to set up the Variable Order Cycle.

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